Technology / Artificial intelligence

AI’s Real Risk to Wages: Andrew Berg and Maryam Vaziri


December 7, 2023

iStock by Getty Images / Михаил Руденко

In This Episode

The pace at which artificial intelligence is transforming jobs is astounding, but while it boasts higher productivity AI is also increasing wage inequality. When workers are replaced by machines, real wages decline, and the owners of capital prosper. So who owns AI and how should its benefits be distributed? In this podcast, the IMFs Andrew Berg and Maryam Vaziri discuss AI’s inequality problem, the subject of their article in December’s special AI edition of Finance and Development magazine. Berg is Deputy Director, and Vaziri is an economist, both in the IMF Institute for Capacity Development. Transcript

MARYAM VAZIRI is an economist at the IMF’s Institute for Capacity Development.

ANDREW BERG  is a deputy director, IMF Institute for Capacity Development

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Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.